Montréal-based RenoRun has filed for creditor protection as the struggling business looks to avoid bankruptcy.| BetaKit
Real Ventures is making a major leadership change with co-founder John Stokes taking over as managing partner from Janet Bannister, BetaKit has learned.| BetaKit
More than a dozen Canadian tech companies have recently laid off employees, BetaKit has learned, joining a growing list of firms to shed staff in 2022.| BetaKit
While LP liquidity issues are putting the squeeze on some Canadian VCs, the immediate harm is to Canadian startups that are looking to fundraise.| BetaKit
GreenSky Ventures has announced its fifth fund with a $17 million CAD first close, as it gears up to back more early-stage Canadian deep tech and enterprise software startups.| BetaKit
CVCA CEO: “it signals an extremely healthy ecosystem.”| BetaKit
The amount of venture capital being invested is at an all-time high, according to the Canadian Venture Capital and Private Equity Association’s latest report.| BetaKit
Funding for both Pillar and Billi have dried up as the slowdown in venture capital investments have put the squeeze on FinTechs.| BetaKit
Venture funding in Toronto and the Waterloo Region saw a sluggish start to 2023, with startups in the ecosystems raising less than eight percent of what was raised in the same quarter last year.| BetaKit